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The U.S. Senate reportedly slashed the provision to drop the Consumer Financial Protection Bureau’s funding to 0% from 12% in the One Big Beautiful Bill, the American Financial Services Association disclosed today. AFSA said its Federal Congressional Affairs team is “hearing” that the provision was struck by the Senate parliamentarian. The Senate parliamentarian’s office did […]
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Auto lender Arivo Acceptance wanted to develop new software faster, so it enlisted a group mainly comprised of interns with...
Extra-long car loans can lower consumers’ monthly payments, but they also keep dealers from selling vehicles to those customers for...
Alternative asset management firm Bayview Asset Management in the past five years has purchased about $25 billion in auto collateral through bulk...
Luxury vehicle dealerships are fighting a rapidly growing scam in which fraudsters impersonate delivery companies to steal vehicles. Kalamazoo, Mich.-based...
David Thompson
David Thompson
David Thompson
